Today's Real Estate Dictionary

A service of Fort-Worth-Appraiser.us   Enjoy!

OWNERSHIP - Rights to the use, enjoyment, and alienation of property, to the exclusion of others. Concerning real property, absolute rights are rare, being restricted by zoning laws, restrictions, liens, etc.


MARKET VALUE - The highest price a willing buyer would pay and a willing seller accept, both being fully informed, and the property exposed for a reasonable period of time.

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